Watch List notes:

WORLD COINS, BRAZIL Republic. Silver 4000-Reis, 1900, 51.03g. Struck for the 400th Anniversary of the Discovery. Two sets of arms. Rev. Pedro Alvares Cabbai, star with 20 rays (KM 502.2). A few small surface marks, almost uncirculated with an attractive tone and underlying lustre.

Estimate: $ 800